Financial Aid at IIT

[Last update: December 11, 2025]

1,350 students (82% of total 1,643 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Indiana Institute of Technology (IIT). The average amount of the aid awarded is $21,387.

For the first-time, full-time beginning students (freshmen), 100% of total 443 enrolled students have received any kind of financial aid and its average amount of aid received is $21,677.

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All Undergraduate Financial Aid

At Indiana Institute of Technology, 1,350 undergraduate students (82% of total 1,643 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $21,387.

Financial Aid Statistics (All Undergraduate Students) - IIT
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship1,35082% $28,873,021$21,387
Pell Grants57835% $3,107,165$5,376
Federal Student Loan1,13269% $4,979,800$4,399

Beginning Undergraduate Students (Freshmen) Financial Aid

442 beginning undergraduate students (100% of total 443 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Indiana Institute of Technology. The average amount of aid received is $21,677.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - IIT
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid442100% --
Grants or Scholarships442100%$9,581,126$21,677
Federal Grants20847%$1,168,366$5,617
Pell Grants20847%$1,134,866$5,456
Other Federal Grants7617%$33,500$441
State/Local Grants12428%$1,197,598$9,658
Institutional Grants441100%$7,215,162$16,361
Student Loan Aid36983%$2,349,904$6,368
Federal Student Loans36883%$1,483,891$4,032
Other Student Loans6014%$866,013$14,434

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